A Locke Lord Texas team led by Lauren Corbeil Clarke, Kevin Peter and Ashley Lopez (all of Houston) represented Terra-Ace Holdings, LLC, a portfolio company of OFS Energy Fund, in its sale of Ace Fluid Solutions, a leading product, stimulation chemical and water services provider to the Permian Basin’s oilfield industry, to SNF, a global leader in water-soluble polymers. The acquisition is a reinforcement of SNF’s commitment to delivering best-in-class solutions and underscores its dedication to driving long-term value for upstream oil and gas customers. For more information, see the press release. Additional assistance was provided by Mark Backofen (Dallas), Jerry Higdon, Sara Longtain, Tammi Niven, Ed Razim, Buddy Sanders, Bill Swanstrom, Chris Verducci, Jeff Wallace, Michelle Gutierrez-Begin, Marshall Moorhouse, Jeremy Petersen and Andrew Nelson (all of Houston).
Posted on August 8, 2024